Canadian Imperial Bank of Commerce (CIBC) has partnered with Tim Hortons, a Canadian fast casual restaurant, to launch a new card, CIBC Tim Hortons Double Double Visa Card.
The new card serves as both as a CIBC Visa credit card that has no annual fee and as a rewards Tim Card.
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Users can select either of the two by pressing a lighted button on the card.
With CIBC Visa credit card option, customers can view their Visa account details, whereas with rewards Tim Card customers can redeem loyalty points for products at Tim’s restaurants.
The CIBC and Tim Hortons card allows users to earn points on purchases they charge to their no annual fee Visa card, collecting a cent on every dollar in Tims Cash rewards.
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